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The two firms will work together to embed AI into Fiserv platforms, equipping its global workforce with advanced tools and driving intelligent capabilities to deliver greater value to Fiserv clients.

MILWAUKEE–(BUSINESS WIRE)–
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced a strategic collaboration with Microsoft to accelerate innovation by further embedding AI into Fiserv development platforms and empowering its global workforce with AI. The collaboration will boost internal productivity at Fiserv and deliver AI-driven solutions that create greater value for Fiserv clients, including financial institutions, businesses, and consumers.

Fiserv will deploy Microsoft 365 Copilot across its global workforce, equipping employees with access to advanced AI tools that enhance productivity, accelerate decision-making, and elevate the quality of work. In parallel, Fiserv is working with Microsoft to expand its use of Microsoft Foundry, an Azure-powered AI platform designed to build, customize, deploy, and manage AI applications safely and securely. Deploying these innovative, AI-powered products and services throughout the organization is expected to boost employee productivity, streamline processes, and unlock new revenue opportunities.

“By embedding AI inside our workforce and development platforms, we’re not simply improving how we operate; we’re transforming how Fiserv delivers the next generation of innovation for our clients,” said Guy Chiarello, Vice Chairman, Fiserv. “This collaboration with Microsoft enables us to bring intelligent capabilities to market with greater speed and scale, unlocking smarter, more differentiated solutions that help our clients grow, compete, and lead in today’s rapidly evolving fintech and payments landscape.”

“Together with Fiserv, we’re bringing the power of generative AI to transform how financial technology is built and delivered,” said Karen Del Vescovo, Corporate Vice President, Financial Services, Microsoft. “By combining Microsoft 365 Copilot and Microsoft Foundry with Fiserv’s deep industry expertise, we’re enabling innovation that will help Fiserv’s workforce achieve new levels of efficiency and productivity. This collaboration shows what’s possible when industry leaders come together to redefine the future of work and customer experience.”

This expanded relationship with Microsoft builds on Fiserv’s existing use of Microsoft Foundry and deployment of Microsoft’s GitHub Copilot. To date, Fiserv has processed more than 100 billion tokens in Foundry, enhancing products, client servicing experiences, and its proprietary developer gateway. GitHub Copilot has been deployed to more than 8,000 software engineers across Fiserv, driving measurable gains in developer productivity and accelerating solution delivery for clients.

Deepening Investment in AI

Fiserv has a long-standing commitment to deploying AI responsibly across the enterprise, using differentiated data assets and deep industry expertise to embed AI and machine learning in its platforms and operations, driving product innovation and efficiency.

Across Fiserv, AI already powers fraud detection, risk management, and personalized engagement for financial institutions; enables smarter decisioning and higher authorization rates for merchants; and improves client servicing, compliance, and developer productivity.

By further embedding “AI Inside” the company, including the latest generative AI capabilities, Fiserv is moving beyond intelligent automation to agentic intelligence, staying at the forefront of AI innovation, and transforming how it delivers for clients.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, moves more than money. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and Clover^®, the world’s smartest point-of-sale system and business management platform. Fiserv is a member of the S&P 500^® Index, one of TIME Magazine’s Most Influential Companies™ and one of Fortune^® World’s Most Admired Companies™. Visit fiserv.com and follow on social media for more information and the latest company news.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements can generally be identified as forward-looking because they include words such as “believes,” “anticipates,” “expects,” “could,” “should,” “will” or words of similar meaning. Statements that describe the company’s future plans, objectives or goals are also forward-looking statements. Forward-looking statements are subject to assumptions, risks and uncertainties that may cause actual results to differ materially from those contemplated by such forward-looking statements. The factors that could cause Fiserv’s actual results to differ materially include, among others: Fiserv and Microsoft’s ability to successfully deploy and embed artificial intelligence solutions into its platforms and operations; exposure to liability as a result of any misuse of artificial intelligence by Fiserv’s personnel; the integration of third-party artificial intelligence models with our services relies on certain safeguards implemented by the third-party developers which may be insufficient; and other factors included in “Risks Factors” in Fiserv’s filings with the SEC, including its Annual Reports on Form 10-K for the year ended December 31, 2024, and in other documents that it files with the SEC, which are available at www.sec.gov. You should consider these factors carefully in evaluating forward-looking statements and are cautioned not to place undue reliance on such statements. Fiserv assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260108024419/en/

For more information contact:

Media Relations:

Chase Wallace

Director, Communications

Fiserv, Inc.

+1-470-481-2555

Chase.Wallace@fiserv.com

Additional Contact:

Melissa Moritz

VP, Corporate Communications

Fiserv, Inc.

+1-516-410-1188

Melissa.Moritz@fiserv.com

Source: Fiserv, Inc.

Released January 8, 2026

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $29.4 billion in October, down $18.8 billion from $48.1 billion in September, revised.

Exports, Imports, and Balance (exhibit 1)

October exports were $302.0 billion, $7.8 billion more than September exports. October imports were $331.4 billion, $11.0 billion less than September imports.

The October decrease in the goods and services deficit reflected a decrease in the goods deficit of $19.2 billion to $59.1 billion and a decrease in the services surplus of $0.4 billion to $29.8 billion.

Year-to-date, the goods and services deficit increased $56.0 billion, or 7.7 percent, from the same period in 2024. Exports increased $168.6 billion or 6.3 percent. Imports increased $224.6 billion or 6.6 percent.

Three-Month Moving Averages (exhibit 2)

The average goods and services deficit decreased $15.0 billion to $44.4 billion for the three months ending in October.

• Average exports increased $6.0 billion to $293.4 billion in October.
• Average imports decreased $9.0 billion to $337.8 billion in October.

Year-over-year, the average goods and services deficit decreased $31.3 billion from the three months ending in October 2024.

• Average exports increased $20.5 billion from October 2024.
• Average imports decreased $10.8 billion from October 2024.

Exports (exhibits 3, 6, and 7)

Exports of goods increased $7.1 billion to $195.9 billion in October.

    Exports of goods on a Census basis increased $7.2 billion.

• Industrial supplies and materials increased $10.2 billion.
  • Nonmonetary gold increased $6.8 billion.
  • Other precious metals increased $3.6 billion.
• Other goods decreased $1.8 billion.
• Consumer goods decreased $1.0 billion.
  • Pharmaceutical preparations decreased $0.9 billion.

    Net balance of payments adjustments decreased $0.1 billion.

Exports of services increased $0.7 billion to $106.1 billion in October.

• Travel increased $0.4 billion.
• Charges for the use of intellectual property increased $0.2 billion.
• Other business services increased $0.2 billion.
• Government goods and services decreased $0.3 billion.

Imports (exhibits 4, 6, and 8)

Imports of goods decreased $12.1 billion to $255.0 billion in October.

    Imports of goods on a Census basis decreased $11.5 billion.

• Consumer goods decreased $14.0 billion.
  • Pharmaceutical preparations decreased $14.3 billion.
• Industrial supplies and materials decreased $2.7 billion.
  • Nonmonetary gold decreased $1.4 billion.
• Capital goods increased $6.8 billion.
  • Computer accessories increased $3.7 billion.
  • Telecommunications equipment increased $1.9 billion.
  • Computers increased $1.1 billion.

    Net balance of payments adjustments decreased $0.6 billion.

Imports of services increased $1.1 billion to $76.3 billion in October.

• Travel increased $0.9 billion.
• Other business services increased $0.2 billion.
• Insurance services increased $0.1 billion.
• Transport decreased $0.2 billion.

Real Goods in 2017 Dollars – Census Basis (exhibit 11)

The real goods deficit decreased $15.6 billion, or 19.8 percent, to $63.1 billion in October, compared to a 24.1 percent decrease in the nominal deficit.

• Real exports of goods increased $5.9 billion, or 3.9 percent, to $158.9 billion, compared to a 3.8 percent increase in nominal exports.
• Real imports of goods decreased $9.7 billion, or 4.2 percent, to $222.0 billion, compared to a 4.3 percent decrease in nominal imports.

Revisions

Exports and imports of goods and services were revised for April through September 2025 to incorporate more comprehensive and updated quarterly and monthly data.

Revisions to September exports

• Exports of goods were revised up $1.2 billion.
• Exports of services were revised up $3.8 billion.

Revisions to September imports

• Imports of goods were revised up $0.5 billion.
• Imports of services were revised down $0.3 billion.

Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

The October figures show surpluses, in billions of dollars, with Switzerland ($7.3), United Kingdom ($6.8), South and Central America ($5.6), Netherlands ($5.1), Hong Kong ($2.8), Brazil ($2.7), Singapore ($1.8), Australia ($1.7), Belgium ($1.1), and Saudi Arabia ($0.2). Deficits were recorded, in billions of dollars, with Mexico ($17.9), Taiwan ($15.7), Vietnam ($15.0), China ($13.7), European Union ($6.3), Germany ($5.1), Japan ($4.2), Ireland ($3.2), South Korea ($2.9), India ($2.3), Canada ($2.3), Malaysia ($2.0), France ($1.3), Israel ($0.8), and Italy ($0.5).

• The deficit with Ireland decreased $15.1 billion to $3.2 billion in October. Exports increased $0.1 billion to $1.8 billion and imports decreased $15.0 billion to $5.0 billion.
• The surplus with the United Kingdom increased $5.7 billion to $6.8 billion in October. Exports increased $5.2 billion to $11.4 billion and imports decreased $0.6 billion to $4.6 billion.
• The deficit with Taiwan increased $6.3 billion to $15.7 billion in October. Exports decreased $0.1 billion to $4.8 billion and imports increased $6.2 billion to $20.5 billion.

Goods and Services by Selected Countries and Areas: Quarterly – Balance of Payments Basis (exhibit 20)

Statistics on trade in goods and services by country and area are only available quarterly, with a one-month lag. With this release, third-quarter figures are now available.

The third-quarter figures show surpluses, in billions of dollars, with Netherlands ($20.6), South and Central America ($18.3), Brazil ($9.2), Singapore ($8.9), Switzerland ($8.6), Hong Kong ($6.2), United Kingdom ($5.4), Australia ($5.2), Saudi Arabia ($3.3), and Belgium ($3.0). Deficits were recorded, in billions of dollars, with Mexico ($50.3), Vietnam ($44.2), China ($33.1), Taiwan ($34.4), Germany ($15.8), India ($14.1), South Korea ($10.8), Japan ($10.6), European Union ($9.7), Ireland ($7.4), Malaysia ($6.0), Italy ($5.9), Canada ($4.7), France ($3.1), and Israel ($1.2).

• The deficit with the European Union decreased $17.0 billion to $9.7 billion in the third quarter. Exports increased $9.8 billion to $193.1 billion and imports decreased $7.2 billion to $202.7 billion.
• The deficit with Japan decreased $5.3 billion to $10.6 billion in the third quarter. Exports increased $0.8 billion to $35.0 billion and imports decreased $4.5 billion to $45.6 billion.
• The surplus with Hong Kong decreased $7.2 billion to $6.2 billion in the third quarter. Exports decreased $7.1 billion to $10.8 billion and imports increased less than $0.1 billion to $4.6 billion.

All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

Next release: January 29, 2026, at 8:30 a.m. EST
U.S. International Trade in Goods and Services, November 2025

Notice

Updates to the Release Schedule

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis are working to update our respective schedules of economic releases, which were affected by the government shutdown. We are consulting with data suppliers to determine the availability of data used to produce our economic indicators. We will publish updated release dates as soon as they are available at www.census.gov/foreign-trade/schedule.html and www.bea.gov/news/schedule.